Democratic Firms and Socialism
Bruno Jossa
Citation : Bruno Jossa, Democratic Firms and Socialism International Journal of Managerial Studies and Research 2018 , 6(11) : 88-103
Analysing the relations between economic and political democracy, the author claims that
provided a system of democratic firms is organised in line with the criterion of the strict separation of labour
incomes from capital incomes, it reversers the relation between capital and labour and gives rise to a genuine
socialist system stripping capitalists of (the greater part of) their power.
By disempowering capital, he argues, economic democracy magnifies political democracy and sheds light on
the contradictoriness of bourgeois policies, that is to say on the fact that the opposition of this class to
economic democracy is actually at odds with its very principles.
Further on, he tries to establish if planning and markets are reconcilable in manners that would
harmoniously knit together economic and political action and bridge the gap between economics and politics
typifying liberalist societies.